Hi Tom, The government support for such activities is criminal and only serves to increase the divide between the "haves" and the "have nots" and the contribution of the tax payer to maintaining the practice is just down right ludicrous.
Financial equality will never be achieved if the very people who should be reducing the divide are the ones working against it.
Politics is just a dirty business, with a large proportion of the rich making campaign contributions to ensure continued revenue generation opportunities.
Yeah, the 'negative-gearing' mess has been hanging around like a bad smell in Australian politics for several decades now. It's so deeply embedded that it's almost impossible to eradicate, because although everyone knows how much damage it's causing, none of the political parties can risk losing the huge numbers of votes that they'd lose if they _did_ knock it off. It's a mess... Sigh...
Hi Tom, The government support for such activities is criminal and only serves to increase the divide between the "haves" and the "have nots" and the contribution of the tax payer to maintaining the practice is just down right ludicrous.
Financial equality will never be achieved if the very people who should be reducing the divide are the ones working against it.
Politics is just a dirty business, with a large proportion of the rich making campaign contributions to ensure continued revenue generation opportunities.
Thanks as always for this, Robert.
Yeah, the 'negative-gearing' mess has been hanging around like a bad smell in Australian politics for several decades now. It's so deeply embedded that it's almost impossible to eradicate, because although everyone knows how much damage it's causing, none of the political parties can risk losing the huge numbers of votes that they'd lose if they _did_ knock it off. It's a mess... Sigh...